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Reply to "How much is in your checking account on average and what is your HHI?"
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[quote=Anonymous]HHI $180K At any given time, I have about $100 more than I need to pay my monthly bills and cash expenditures in a given month. So right now, about $300. I've got about $100K in brokerage accounts that are liquid funds, plus credit cards of course. (and in a real emergency could pull from 401K and 529 accounts). This thread makes me wonder though - is there any rational reason I need to be more liquid than this? My view is that god forbid I have some emergency requiring me to come up with $10,000 in 24 hours I can put it on the credit card - and if it takes me 3-5 days to withdraw funds from the brokerage, that is OK.[/quote]
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